Lake Charles Marketplace

Shopping Center for Sale
Catylist Listing ID: 30672244
Property Subtypes: Grocery-Anchored, Strip Center
Building Status: Proposed
Building Size (RSF): 24,316 SF
Gross Building Area: See Agent
Sale Price: $9,937,000
Unit Price: $408.66 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 5/16/2022

Overview / Comments

Back on the market! Kroger anchored shadow center is available for sale in Lake Charles. The center sustained no damage Hurricane Laura, and is 100% occupied. All tenants have reported great sales, and the anchor, Kroger is the #1 visited grocer in the state, according to cell phone Placer Reports. The property benefits from the anchor traffic as well as a growing Southwest corridor in Lake Charles. Multiple access points, including a traffic signal. Contact Agent for additional details, see attached for flyer, and see link below for Confidentiality Agreement and Offering Memorandum.

Attachments & Media

Additional Details

Nearest MSA: Lake Charles
County: Calcasieu
Tax ID/APN: 231009-3411- -T02A

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,085 46,214 83,085
Median Age: 37.74 36.69 36.38
Households: 3,443 18,744 33,567


Photograph of Listing Agent

Jonathan Walker

Maestri-Murrell Inc Baton Rouge, LA 70809-2437
LACDB Member
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